Even as the dollar rally fades, manufacturing is unlikely to rebound much because of the challenges in the energy sector. 66.65 but was on track for a weekly rise, after its 1.6 percent drop last week interrupted a month-long rally. Use a fitness app like LifeSum to track how much you’re moving. Industrial capacity use fell to 78.2 percent last month, the lowest since January of last year, from 78.6 percent in March. In a separate report on Friday, the University of Michigan said its consumer sentiment index fell to 88.6 early this month from a reading of 95.9 in April. The dollar fell marginally against a basket of currencies. The dollar was treading water, trying to stay afloat after sinking to a nearly five-month low on Thursday against a basket of rival currencies. The selling spilled over into markets globally, with 10-year Treasury yields also ending at five-month highs.

Spreadbetters expected higher bond yields resulting in a slightly lower open for Britain’s FTSE, Germany’s DAX and France’s CAC. Crude oil prices have fallen by about 50 percent since last June, resulting in a sharp drop in well drilling activity. Crude oil futures edged down but were set to end the week slightly higher, buoyed by the weaker dollar, forecasts of lower U.S. Japan’s Nikkei stock index added 0.5 percent, set for a 1.5 percent weekly rise. The rise in bond yields would be among the biggest concerns for the market, Hiroki said, noting that U.S. Moves were far wilder in bond markets. The startling rise in yields has made equities look more expensive in comparison to debt and kept Asian share markets subdued. Economists polled by Reuters had expected the index to rise to 5.0 this month. European companies’ earnings per share (EPS) are likely to grow by 5.4 percent in 2015, against a rise of 4.6 percent predicted in early March, according to Thomson Reuters Datastream.

European companies have enjoyed their strongest quarter for four years and an improving economic backdrop and a supportive euro currency should ensure that they maintain their momentum. Cau added that action by the European Central Bank was also starting to have a positive effect on the economy. There are some signs that investors are gradually becoming more positive on the earnings prospects. Some analysts said the number was likely to go even higher and that forecasts were not fully reflecting the positive trend. The number of analyst upgrades have overtaken downgrades for the first time this year, with 52 percent analysts upgrading their EPS forecasts for 2015, against 28 percent at the start of the year. Contact them if a number is given. That performance was all the more bearish given an auction of new paper had drawn strong demand during the session and the data was so disappointing. But trade and inventory data published after the GDP snapshot suggested the economy actually contracted. With more than four fifths of companies in the STOXX Europe 600 index now having reported first quarter results, StarMine data show that 61 percent have met or beaten forecasts. The price-to-earnings (PE) ratio for the STOXX Europe 600 index has fallen to 15.7 times from an 11-year high of 16.5 a month ago, Datastream figures show.

As huge potential has been forecasted about the growth of the Indian economy, so it is high time now that India must go ahead towards the fulfilment of its own potential and increase Investing in India from Overseas Indians. Spot gold traded near a three-month high and was on track for its biggest weekly gain in four months on receding expectations of a U.S. 1,219.30 an ounce but was on track for a weekly rise of more than 2 percent. The dollar was buying 119.31 Japanese yen, about 0.1 percent higher on the day. The economy was slammed earlier in the year by bad weather, port disruptions, the strong dollar and deep spending cuts by energy firms. Companies like Schlumberger (SLB.N), the world’s No. 1 oilfield services provider, and Halliburton (HAL.N) have slashed their capital spending budgets for this year. The figure below shows the amount of earned capital and unearned capital at age of 30, 35, 40 and 45 for the same person. This is useful because the price of currencies generally changes only by a very small amount each day; however, it also makes it possible to lose much more than the amount deposited – so be careful!